Executive Development Program in Strategies for International Business

Course Benefits

  1. Certificate of Completion from IIFT (accredited as an “A” Grade Institute by NAAC & ranked 9thamongst management institutes).

  2. IIFT has, over the years, undertaken path-breaking research studies with organizations like WTO, World Bank, UNCTAD and the Ministry of Commerce $amp; Industry, GoI.

  3. The Institute has also trained more than 40,000 business professionals across 30 countries in various facets of international business and trade policy via its Management Development Programs.

  4. Highly qualified and experienced faculty from IIFT

  5. Live & Interactive Digital Learning Platform

  6. Access to interactive live sessions with industry stalwarts.

  7. Flexibility of attending the classes online from anywhere.

  8. Personalized feedback from industry experts.

  9. AI and ML Powered Mobile platform enabled.

  10. Grab opportunities as Strategy Planning Director Asia with Fidelity International, Product Marketing Manager with Talent Growth International, Business Development Manager FMCG, Strategic Partnership Manager with Google, Brand Manager with P.S International and more.

  11. There are three differentbusiness-levelstrategies: Cost leadership, Differentiation, and Integrated cost leadership and differentiation. Geographic expansion into new countries can affect profitability through economies of scale, economies ofscope, or reduction in costs resulting from less costly inputs.

  12. 3 basic benefits to a company using an international strategy. These benefits are :

  13. Larger Market Access

  14. Economies of scale with additional learning opportunities

  15. Strategic and lower cost location advantages such as labour and energy.

Future Prospects

  1. 2 Lacs+ International Business jobs on Naukri.com.
  2. Gain an International Perspective.
  3. Develop key management skills such as –Leadership, Strategic thinking, Communication, Delegation, Problem Solving, Decision Making, Organization, Presenting and reporting.
  4. Boost your employability.
  5. Solve Commercial Challenges.
  6. Build your business knowledge.
  7. Working across countries is a necessity for most firms today. Hence, there is a growing need for business and management graduates with an international perspective, who are capable of operating effectively in a globalized world.
  8. This concerns not only senior managers, but employees at all levels that have to interact with international customers and suppliers, partners, or international colleagues,' says Angelika Zimmermann, senior lecturer in international business and strategy at Loughborough University.

Career Tips:

1. Find the right market.

Find and choose theinternational marketbest suited to your type of business. You will have to analyse and evaluate your product or service demand in different international markets. Choosing the right destination according to your business type is the first step of strategic international business planning.

2.Understand your competitors.

Know your competitors in your chosen international market. If the competition is really tough, it is better to choose a location witha smaller competitor presence, even if the demand for your product is lower in this location. You can more easily gain higher market share with less competition.

3. Identify growth opportunities.

Identifying growth opportunities is an important part of strategic planning in international business. Growth strategies are meant to grow businesses by either finding new markets in previously unexplored parts of the world or evaluating new methods to increase market share and profits in existing international markets. Expect to define your growth strategy or strategies during strategic planning.

4. Develop a local plan.

International business differs from local business in that you may need to deal with markets in various countries in different parts of the world. Different strategies may be required for each location due to variation in political, legal, or economic climates of the different areas. Be prepared to adopt different plans for different markets depending on specific market requirements.

5. Find strategic partners.

If you are considering international business expansion, you will require different strategies for different markets. In this case, it is difficult for a single entity to smoothly execute expansion. Consider finding a strategic partner, one aware of market trends in the regions where you are expanding, to assist you with your expansion.

6. Stay flexible to changing needs.

Economic or political circumstances in any market may not remain unchanged for long. You must constantly analyse your market’s situation so that strategy and planningrespond to changesin market circumstances to maintain continuous growth of your international business.

Course Curriculum& Eligibility:

  1. Strategy
  2. Global Economic Environment and Policy
  3. Global Financial Environment
  4. International Marketing
  5. International Negotiations
  6. Trade Documentation and Exim Framework

Education

  1. For Indian participants -Graduates (10+2+3) or Diploma Holders (only 10+2+3) from a recognized university (UGC/AICTE/DEC/AIU/State Government) in any discipline.
  2. For International Participants -Graduation or equivalent degree from any recognized University or Institution in their respective country.
  3. Proficiency in English, spoken & written is mandatory.

Work Experience

  1. Working professionals with a minimum of 4 years of relevant work experience in marketing/business management role.

Program Structure & Course Fee:

Schedule

  1. Program Duration – 5 months
  2. Start Date –8th Dec 19
  3. 3 hours every Sunday from 10.00 am to 1.15 pm.

Program Fee

  1. For Indian Residents -Rs.60000+ GST*
  2. For International students -USD 1400

Instalment Schedule

  1. Rs. 25000+ GST* or USD 550
  2. Rs. 10000+GST* or USD 300 (Deadline – 5th Oct 2019)
  3. Rs. 25000+ GST* or USD 550 (Deadline - 25th Feb 2020)

Would you like to speak to one of our staff?

Just submit your contact details and we’ll be in touch shortly.